Orlando, FL 32839
- $124,999
- 1
- BD
- 1
- BA
- 752
- SqFt
- List Price
- $124,999
- Status
- Active
- Days on Market
- 88
- MLS#
- S5148861
- Property Style
- Condo
- Year Built
- 1983
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 752
- Lot Size
- 825
- Acres
- 0.02
- Monthly Condo Fee
- 239
- Legal Subdivision Name
- Lemon Tree Condo Sec 02a
- MLS Area Major
- Orlando/Edgewood/Pinecastle
Property Description
Investor Alert — Income in Place, Location Unmatched. This is the kind of opportunity seasoned investors recognize immediately: a renovated, professionally managed condominium with a qualified tenant in place through March 2027, positioned in one of Central Florida's most strategically located zip codes. This unit at Lakeway Drive sits in the heart of the 32839 corridor — minutes from I-4, John Young Parkway, and Florida's Turnpike. The Mall at Millenia, ranked the #1 mall in Florida and among the top ten nationally, is just moments away. Universal Studios Florida, International Drive, and downtown Orlando (approximately 5 miles) are all within effortless reach. The community is served by local bus routes, making it accessible to a broad and consistent renter pool. The unit itself has been thoughtfully renovated and maintained to a high standard. The community offers a pool, tennis court, and community mailbox. The current tenant is in good standing under a lease expiring end of March 2027, providing the new owner with predictable, stable rental income from day one — no vacancy, no search, no uncertainty. Professional property management is already in place, making this an ideal hands-off investment for both in-state and out-of-state buyers. Whether you are building a portfolio, diversifying your assets, or entering the Central Florida investment market, this property delivers: a renovated unit, a reliable tenant, and a location that practically markets itself.
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Additional Information
- Taxes
- $1335
- Minimum Lease
- No Minimum
- Maintenance Includes
- Pool, Maintenance Grounds, Sewer, Trash, Water
- Condo Fees
- $239
- Condo Fees Term
- Monthly
- Community Features
- Community Mailbox, Deed Restrictions, Pool, Tennis Court(s)
- Property Description
- One Story
- Zoning
- R-3
- Interior Layout
- Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Vaulted Ceiling(s), Walk-In Closet(s)
- Floor
- Laminate, Linoleum
- Appliances
- Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Concrete, Stucco
- Exterior Features
- Balcony, Tennis Court(s)
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Community
- Pets
- Allowed
- Floor Number
- 2
- Flood Zone Code
- X
- Parcel ID
- 09-23-29-4990-03-706
- Legal Description
- LEMON TREE SECTION 2 CONDO CB 8/10 BLDG37 UNIT 3706
Listing courtesy of EXP REALTY LLC. 888-883-8509
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